On Friday, Brady Cl A got an upgrade to its Relative Strength (RS) Rating, from 65 to 78.
When To Sell Stocks To Lock In Profits And Minimize Losses
IBD's proprietary rating measures market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price performance over the last 52 weeks compares to all the other stocks in our database.
History reveals that the stocks that go on to make the biggest gains tend to have an 80 or better RS Rating as they launch their largest runs. See if Brady Cl A can continue to rebound and hit that benchmark.
Brady Cl A is now considered extended and out of buy range after clearing a 77.68 buy point in a first-stage consolidation. See if the stock forms a new pattern or follow-on buying opportunity like a three-weeks tight or pullback to the 50-day or 10-week line.
While earnings-per-share growth fell in the company's most recently reported quarter from 12% to 6%, revenue rose 16%, up from 11% in the previous report.
Brady Cl A holds the No. 1 rank among its peers in the Office Supplies Manufacturing industry group. Acme United and Deluxe Corp are also among the group's highest-rated stocks.
This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
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